Wendy’s/Arby’s Wraps Russian Deal

‎Columbus Business First:

Wendy’s/Arby’s Group Inc. is continuing its international expansion.

The Atlanta-based restaurant company announced a deal Tuesday between its international subsidiary and a Russia-based franchisee to open 180 dual-branded Wendy’s/Arby’s locations in Russia in the next 10 years.

“Russia is a dynamic market which offers significant long-term expansion potential,” Wendy’s/Arby’s CEO Roland Smith said in a release.

The deal is with Moscow-based Wenrus Restaurant Group Ltd., an affiliate of Food Service Capital, operators of 28 restaurants, including Goodman Steak House locations in Moscow, Novosibirsk, Kiev and London, according to information from Wendy’s.

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